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Transactions / Boston Industries

Surplus Solutions, an NMS Capital Portfolio Company, Expands Lab Repair Capabilities, Acquires Boston Industries

Add-on acquisitionannouncedadd-onannounced Aug 11, 2026Fact
What happened
Platform
Surplus Solutions LLCadd-on basis: Surplus Solutions LLC (“Surplus Solutions”), a portfolio company of NMS Capital (“NMS”), announced today the acquisition of Boston Industries (“Boston Industries” or the “Company”), a Walpole, Massachusetts-based specialist in the technical repair and refurbishment of laboratory instruments.
Control
Control
Share acquired
unknown
Industry
unknown
Target location
MA, US
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
8 named
Buy side
  • David PetersonDeal partnerconfirmed
    David Peterson, Partner at NMS, added, “The acquisition of Boston Industries reflects our continued focus on building out Surplus Solutions’ technical repair platform, following the acquisition of DCM BioServices earlier this year.
  • Surplus Solutions LLCPlatformconfirmed
    Surplus Solutions LLC (“Surplus Solutions”), a portfolio company of NMS Capital (“NMS”), announced today the acquisition of Boston Industries (“Boston Industries” or the “Company”), a Walpole, Massachusetts-based specialist in the technical repair and refurbishment of laboratory instruments.
  • Surplus Solutions LLC (“Surplus Solutions”), a portfolio company of NMS Capital (“NMS”), announced today the acquisition of Boston Industries (“Boston Industries” or the “Company”), a Walpole, Massachusetts-based specialist in the technical repair and refurbishment of laboratory instruments.
Financing side
  • TPG Twin Brook Capital PartnersLenderconfirmed
    Financing for the transaction was provided by TPG Twin Brook Capital Partners.
Advisory side
  • Merger NationLegal adviserconfirmed
    Merger Nation and Nutter McClennen & Fish served as legal advisor to Boston Industries.
  • Nutter McClennen & FishLegal adviserconfirmed
    Merger Nation and Nutter McClennen & Fish served as legal advisor to Boston Industries.
Side not stated
  • Joe RealeManagementconfirmed
    “Bringing Boston Industries’ team and technical depth into Surplus Solutions makes us the most technically capable reseller in the business — with the combined inventory, transaction volume, and technical support capacity, we’re out in front, and we’ll keep growing and expanding to get better for ou
  • Boston IndustriesTargetconfirmed
    Surplus Solutions LLC (“Surplus Solutions”), a portfolio company of NMS Capital (“NMS”), announced today the acquisition of Boston Industries (“Boston Industries” or the “Company”), a Walpole, Massachusetts-based specialist in the technical repair and refurbishment of laboratory instruments.
Evidence
Surplus Solutions LLC (“Surplus Solutions”), a portfolio company of NMS Capital (“NMS”), announced today the acquisition of Boston Industries (“Boston Industries” or the “Company”), a Walpole, Massachusetts-based specialist in the technical repair and refurbishment of laboratory instruments.
Surplus Solutions, an NMS Capital Portfolio Company, Expands Lab Repair Capabilities, Acqu | Private Equity Intelligence | DFX